Jiangsu, Shanghai and Zhejiang are the major production bases for hoisting & carrying equipment mfg. industry in China, according to China Hoisting & Carrying Equipment Mfg. Industry Profile - the industry research report issued by Zeefer Consulting. Jiangsu has most leading hoisting & carrying equipment mfg. enterprises, and among all top 100 large hoisting & carrying equipment mfg. enterprises across China, 21 are located in Jiangsu. Liaoning, Tianjin, Guangdong, Hebei, Shandong, Fujian and Beijing are the secondary distribution areas for this industry.

In terms of market size, in 2009, hoisting & carrying equipment mfg. enterprises above designated size achieved a sales revenue of more than USD 40 billion. Jiangsu, Shanghai and Zhejiang ranked top 3 in terms of sales revenue, enterprises in these regions engaged in hoisting & carrying equipment mfg. production achieved a sales revenue of more than USD 20 billion. in all, taking a share of more than 50% of the gross sales revenue from above designated size hoisting & carrying equipment mfg. enterprises across China. Total assets of enterprises inside hoisting & carrying equipment mfg. industry exceeded USD 40 billion, a rise of more than 25% on a year-on-year basis. On an annual average, total employees in hoisting & carrying equipment mfg. industry exceeded 385,000, an increase of more than 6% on a year-on-year basis.

In terms of industry-wide profit, in 2009, profits of enterprises above designated size in hoisting & carrying equipment mfg. industry added up to more than USD 2 billion, a growth of more than 20% on a year-on-year basis. The averaged profit margin of enterprises in hoisting & carrying equipment mfg. industry was higher than 6%. On average, the ratio of return on net assets in hoisting & carrying equipment mfg. industry was higher than 15%.

In terms of market position of foreign enterprises in China, in 2009, sales revenue from foreign enterprises engaged in hoisting & carrying equipment mfg. production in China added up to more than USD 10 billion, taking a share of more than 30% of the gross sales revenue from hoisting & carrying equipment mfg. enterprises across China. Foreign enterprises in China hoisting & carrying equipment mfg. industry achieved a ratio of return on net assets of more than 20%, higher than the industry average.